IN BRIEF: RC365 Holding shares surge on deal with MasterCard issuer
3rd Jul 2023 14:12
RC365 Holding PLC - London-based company focusing on payment gateway solutions and IT support services - Says its Hong Kong subsidiary RCPAY Ltd, signs a BIN sponsorship and co-brander deal with Key Solution Venture Ltd. Key Solution is a licensed MasterCard Inc Worldwide issuer in Hong Kong. Says the deal will allow RCPAY's brand to be printed on a Mastercard credit card which can be issued to Hong Kong residents. RC365 says the credit cards will be marketed through RCPAY's existing business partnerships and by a series of marketing campaigns. Adds that the deal is for 5 years from the date on which the first card is issued. Read More